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Real Estate

Low interest rates boost home prices

Local, National Home Prices Continue to Increase

U.S. home prices, including distressed sales, were up 6.9 percent in April year-over-year, according to data released Tuesday. Home prices – which include single-family attached and detached properties – were up 1.6 percent in April compared with March, Irvine-based CoreLogic reported. One reason for the increase was a drop in …

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Housing conference focuses on housing shortage

BIA Baldy View Chapter Announces New President

California has a serious housing shortage. That was the opinion of virtually everyone who spoke Friday at the fourth annual Housing Policy Conference in Ontario, which was sponsored by the Baldy View Chapter of the Building Industry Association of Southern California. Statewide, home ownership is at its lowest level since …

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Housing shortage to be discussed

Economic conference scheduled

There will be much to talk about when the Baldy View chapter of the Building Industry Association of Southern California holds its annual housing conference, scheduled to be held Friday at the DoubleTree Hotel in Ontario. One topic sure to get its share of attention is San Bernardino County’s housing …

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Major Ontario industrial park sold

The Safari Business Center in Ontario, one of the largest industrial projects of its kind in the Inland Empire, has been sold. The development, in the center of the city at 1910 S. Carlos Ave., sold for $141.2 million,  the largest industrial transaction in the Inland Empire so far this …

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Ground breaking for major industrial project

High Desert Industrial Project Underway

Construction has started on a 598,000-square-foot industrial project in Fontana. Sierra Lakes Commerce Center is being built on 27.5 acres on Sierra Avenue about half a mile north of the Foothill Freeway, according to a statement released Wednesday by Trammell Crow Co. and Clarion Partners LLC, the building’s developers. The …

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Pending home sales down again

Home Sales Decline

Pending home sales in California were down in April, the result of low inventory and declining affordability, according to data released Wednesday. The state’s pending home sales index was down 7.4 percent year-over-year, to 113.7, the Los Angeles-based California Association of Realtors reported. That was the fourth consecutive month that …

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